Criteo SA (NASDAQ:CRTO) – Research analysts at Jefferies Group issued their Q1 2018 earnings per share estimates for shares of Criteo in a research note issued on Wednesday, Zacks Investment Research reports. Jefferies Group analyst B. Fitzgerald expects that the information services provider will post earnings per share of $0.23 for the quarter. Jefferies Group currently has a “Hold” rating and a $28.00 price target on the stock. Jefferies Group also issued estimates for Criteo’s Q2 2018 earnings at $0.15 EPS, Q3 2018 earnings at $0.32 EPS, Q4 2018 earnings at $0.75 EPS and FY2019 earnings at $1.27 EPS.
Criteo (NASDAQ:CRTO) last released its quarterly earnings data on Wednesday, February 14th. The information services provider reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.47. The firm had revenue of $277.00 million for the quarter, compared to analyst estimates of $262.02 million. Criteo had a return on equity of 15.34% and a net margin of 3.97%. The business’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.84 earnings per share.
Shares of Criteo (NASDAQ:CRTO) traded up $0.15 during midday trading on Monday, hitting $30.41. The stock had a trading volume of 380,283 shares, compared to its average volume of 940,342. The company has a market capitalization of $2,010.00, a price-to-earnings ratio of 22.69, a P/E/G ratio of 1.00 and a beta of 1.82. Criteo has a one year low of $21.00 and a one year high of $56.00.
In other news, insider Jean-Baptiste Rudelle sold 1,261 shares of the stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $24.78, for a total value of $31,247.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric Eichmann sold 7,153 shares of the firm’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $24.87, for a total value of $177,895.11. The disclosure for this sale can be found here. 5.60% of the stock is currently owned by corporate insiders.
Large investors have recently made changes to their positions in the stock. Allianz Asset Management GmbH boosted its stake in shares of Criteo by 7.9% in the 3rd quarter. Allianz Asset Management GmbH now owns 3,468,771 shares of the information services provider’s stock worth $143,954,000 after buying an additional 253,120 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD increased its stake in shares of Criteo by 2.2% during the fourth quarter. Sumitomo Mitsui Asset Management Company LTD now owns 2,405,330 shares of the information services provider’s stock valued at $62,610,000 after purchasing an additional 51,370 shares in the last quarter. Epoch Investment Partners Inc. increased its stake in shares of Criteo by 11.0% during the third quarter. Epoch Investment Partners Inc. now owns 2,150,458 shares of the information services provider’s stock valued at $89,244,000 after purchasing an additional 213,124 shares in the last quarter. Comgest Global Investors S.A.S. increased its stake in shares of Criteo by 1.2% during the third quarter. Comgest Global Investors S.A.S. now owns 1,953,430 shares of the information services provider’s stock valued at $81,067,000 after purchasing an additional 22,738 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of Criteo by 15.4% during the third quarter. Ameriprise Financial Inc. now owns 1,826,181 shares of the information services provider’s stock valued at $75,771,000 after purchasing an additional 244,024 shares in the last quarter. 72.78% of the stock is owned by institutional investors and hedge funds.
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Criteo Company Profile
Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
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